Cochin Minerals and Rutile Limited has scheduled a postal ballot to seek shareholder approval for the appointment of Mr. Rajesh Jacob as Nominee Director and the continuation of Mr. Mundanical Mathew Cherian as Non-Executive Non-Independent Director. The remote e-voting process will be open from Thursday, June 11, 2026, at 9.00 a.m. to Friday, July 10, 2026, at 5.00 p.m. Shareholders whose names appear in the Register of Members as on Friday, June 05, 2026, are eligible to vote.

Appointment of Nominee Director

The Board of Directors appointed Mr. Rajesh Jacob (DIN: 06443594) as Nominee Director representing Kerala State Industrial Development Corporation Limited (KSIDC) with effect from May 28, 2026. Pursuant to SEBI Listing Regulations, shareholder approval is required for this appointment within three months. Mr. Jacob is a Cost Management Accountant with over 25 years of experience at KSIDC, handling portfolios such as Project Finance and Recovery.

Continuation of Director

Mr. Mundanical Mathew Cherian (DIN: 01265695), a promoter of the company, will attain the age of 75 years on September 07, 2026. Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, mandates a special resolution for the continuation of a non-executive director above this age. The Board recommends his continuation based on his expertise in international trade and corporate governance.

E-Voting Details

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process. Shareholders can cast their votes through the CDSL or NSDL e-voting systems or via their Depository Participants. The Scrutinizer for the postal ballot process is Mr. P Sivakumar, FCS, Managing Partner of SEP & Associates.

The results of the postal ballot will be declared on the company's website and communicated to the stock exchanges following the conclusion of the voting period.

Cochin Minerals and Rutile Limited disclosed on June 06, 2026, that the Hon'ble High Court of Kerala has dismissed its Writ Appeal challenging proceedings initiated by the Directorate of Enforcement (ED). The Division Bench upheld the order of the learned Single Judge, refusing to quash the Enforcement Case Information Report (ECIR) and related proceedings against the company and four others. The court ruled that the registration of a scheduled offence is not a prerequisite for civil action or enquiry under the Prevention of Money Laundering Act (PMLA).

The company and four other parties had filed the Writ Appeal to contest the Single Judge's refusal to set aside the ECIR. The judgement, dated June 05, 2026, stated that the prayer to quash the ECIR could not be granted. The legal challenge was directed against the ED's Kochi Zonal Office.

Despite the dismissal, Cochin Minerals and Rutile Limited stated that it does not anticipate any material impact on its financial, operational, or other activities. The disclosure was made to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table details the litigation update: